Screening Stocks by MACD, Low Price, and Historical Dividend Payout

Summary

This Chinese-language post outlines a daily stock screen run before the market opens. It selects shares with MACD above its zero line, a price below 12 yuan, and a 2019 dividend payout ratio above 25%. The article provides indicator references and a brief Python example, framing the criteria as a combination of technical trend, share price, and dividend information.

The post cautions that payout data may be inaccurate and that the MACD and price filters omit other relevant factors. It suggests adding financial measures and considering stable dividend yields. No historical test, portfolio results, or evidence of profitability is reported, so the screen should be read as a proposed filter rather than a validated strategy. The sample code is illustrative and may require adjustment for current data interfaces and correct alignment of the dividend year with the screening date.

Key ideas

• The proposed screen combines MACD above zero, a share price below 12 yuan, and a 2019 payout ratio above 25%.
• The selection is intended to run before the market opens each trading day.
• The author identifies dividend-data error and omitted market or financial factors as risks.
• The post recommends adding financial measures and assessing dividend stability.
• No backtest or investment performance evidence is provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.